Apple recently announced that beginning in spring 2024, developers of certain SDKs and apps that use those SDKs will be required to include a “Privacy Manifest,” which lists all tracking domains used in the relevant SDK or app. To determine
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BoE speech – ‘Modernising the trains and rails of UK payments’
On 15 April 2024, Sarah Breeden, Deputy Governor of Financial Stability at the Bank of England (BoE), delivered a speech explaining how the BoE seeks to deliver trust and support innovation, both as a provider and as a regulator of…
Grounds on which foreign judgments can be enforced in South Africa – Jones v Krok still applies?
In February 2024, the Supreme Court of Appeal, in Lindsey v Conteh, considered the enforceability of foreign judgments in South Africa. The appellants sought to enforce two writs, one for possession of shares and one for execution of the monetary…
Council of EU publishes text of daisy chain proposal
On 15 April 2024, the Council of the EU published the text of the proposed Directive amending the Bank Recovery and Resolution Directive and the Resolution establishing the Single Resolution Mechanism as regards certain aspects of the minimum requirement for…
Submission of annual financial statements and returns by Financial Services Providers
In case you as an FSP missed it, FSCA Communication 13 of 2024 (FAIS) updates FSPs on the manner and process for future submissions of annual financial statements and other statutory returns required under section 19 of the FAIS Act and other…
PSR publishes Annual Plan for 2024/2025
On 9 April 2024, the Payment Systems Regulator (PSR) published its Annual Plan for 2024/2025, setting out the PSR’s key aims, activities and expected costs for 2024/2025.
The Annual Plan highlights that this year (the third of the PSR’s…
Drug pricing: PMPRB announces next steps in Guidelines consultation
The Patented Medicine Prices Review Board (PMPRB) has announced new details regarding the progress of its consultation on new price review Guidelines.
Phase 2: Discussion Guide
The next phase of the PMPRB’s consultation will begin in summer 2024 with the…
Key dates next week
Global
- 17 April 2024 -On 17 January 2024, the Basel Committee on Banking Supervision and the International Organization of Securities Commissions published a report on streamlining variation margin processes and the responsiveness of initial margin models in non-centrally cleared markets.
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Corporate litigation update – shareholder rights under corporate statutes in Q1 2024
This blog post is the first of a new series looking at recent developments in Canadian corporate litigation, with a slight bias towards Ontario. The goal is to provide regular updates on court decisions that are of interest to the…
BoE Policy Statement and Consultation: Mandating ISO 20022 enhanced data in CHAPS
On 12 April 2024, the Bank of England (BoE) published a Policy Statement and Consultation providing further clarification on its previously published mandatory requirements for enhanced data coming into effect in 2025 and 2026. The BoE further seeks views on…